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$1,650 - $2,2951 to 3 Bedroom Apartments Available Now
Huning Castle Apartments
1500 Central Ave SWAlbuquerque, NM 87104
Cheap Apartments for Rent in the Downtown Albuquerque Neighborhood of Albuquerque, NM from $650 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Albuquerque area of Albuquerque.
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Rent Specials
$1,6002 Bedroom Apartments Available Now
One Central
1 Central Ave NWAlbuquerque, NM 87102
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Rent Specials
$795Studio Apartments Contact Us For Availability
Millennium Flats
1020 Central Ave SWAlbuquerque, NM 87102
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$1,195 - $1,395
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,395
Total Monthly Price
$1,195 - $1,395
Nine-O-Nine Apartments
909 Tijeras Ave NWAlbuquerque, NM 87102
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Studio Apartments
Sunrise Bank
219 Central Ave NWAlbuquerque, NM 87102
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1 Bedroom Apartments
873-895 Silver Ave SW
873-895 Silver Ave SWAlbuquerque, NM 87102
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2 Bedroom Apartments
800 Kent Ave NW
800 Kent Ave NWAlbuquerque, NM 87102
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Studio Apartments
200-208 10th St NW
200-208 10th St NWAlbuquerque, NM 87102
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Studio Apartments
1216 Gold Ave SW
1216 Gold Ave SWAlbuquerque, NM 87102
Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers
Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.
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Studio Apartments
1114 Gold Ave SW
1114 Gold Ave SWAlbuquerque, NM 87102
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Studio Apartments
1100 Gold Ave SW
1100 Gold Ave SWAlbuquerque, NM 87102
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Studio Apartments
805 Tijeras Ave NW
805 Tijeras Ave NWAlbuquerque, NM 87102
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1 Bedroom Apartments
204-210 12th St SW
204-210 12th St SWAlbuquerque, NM 87102
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Studio Apartments
1123 Silver Ave SW
1123 Silver Ave SWAlbuquerque, NM 87102
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Studio Apartments
1204 Silver Ave SW
1204 Silver Ave SWAlbuquerque, NM 87102
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Studio Apartments
913 Copper Ave NW
913 Copper Ave NWAlbuquerque, NM 87102
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Studio Apartments
1021 Silver Ave SW
1021 Silver Ave SWAlbuquerque, NM 87102
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1 to 2 Bedroom Apartments
909-911 Gold Ave SW
909-911 Gold Ave SWAlbuquerque, NM 87102
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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1 Bedroom Apartments
El Portal
323 11th St NWAlbuquerque, NM 87102
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Studio Apartments
1111 Silver Ave SW
1111 Silver Ave SWAlbuquerque, NM 87102
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Studio Apartments
1107 Tijeras NW
1107 Tijeras NWAlbuquerque, NM 87102
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Studio Apartments
504 14th St SW
504 14th St SWAlbuquerque, NM 87102
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1 to 2 Bedroom Apartments
311-319 12th St SW
311-319 12th St SWAlbuquerque, NM 87102
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1 Bedroom Apartments
1413 Fruit Ave NW
1413 Fruit Ave NWAlbuquerque, NM 87104
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Studio Apartments
1023 Central Ave NW
1023 Central Ave NWAlbuquerque, NM 87102
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Studio Apartments
1017-1025 Fruit Ave NW
1017-1025 Fruit Ave NWAlbuquerque, NM 87102
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Studio Apartments
201 11th St NW
201 11th St NWAlbuquerque, NM 87102
Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
Find your perfect spot in ABQ. Get a local's breakdown of Albuquerque neighborhoods like Nob Hill and Downtown, plus tips on navigating the city’s unique charm and high-desert lifestyle.
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Studio Apartments
300-306 12th St SW
300-306 12th St SWAlbuquerque, NM 87102
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Studio Apartments
1008 Central Ave NW
1008 Central Ave NWAlbuquerque, NM 87102
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Studio Apartments
720 Roma Ave NW
720 Roma Ave NWAlbuquerque, NM 87102
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1 to 2 Bedroom Apartments
902 Tijeras Ave NW
902 Tijeras Ave NWAlbuquerque, NM 87102
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Studio Apartments
1210 Central Ave NW
1210 Central Ave NWAlbuquerque, NM 87102
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1 Bedroom Apartments
711 Roma Ave NW
711 Roma Ave NWAlbuquerque, NM 87102
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Studio Apartments
401 14th St SW
401 14th St SWAlbuquerque, NM 87102
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1 Bedroom Apartments
400 11th St NW
400 11th St NWAlbuquerque, NM 87102
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Studio Apartments
1404 Silver Ave SW
1404 Silver Ave SWAlbuquerque, NM 87102
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
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1 Bedroom Apartments
Arcadia Courtyard
1020 Park Ave SWAlbuquerque, NM 87102
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Studio Apartments
Downtown @ 700
700 2nd St NWAlbuquerque, NM 87102
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1 to 3 Bedroom Apartments
Anthea
950 4th St NWAlbuquerque, NM 87102
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2 Bedroom Apartments
Park Place
1325 Park Ave SWAlbuquerque, NM 87102
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Studio to 1 Bedroom Apartments
The Franz
1716 Central Ave NWAlbuquerque, NM 87104
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1 Bedroom Apartments
Country Club Lofts
1700 Central Ave SWAlbuquerque, NM 87104
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Studio Apartments
510 2nd St NW
510 2nd St NWAlbuquerque, NM 87102
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1 to 2 Bedroom Apartments
La Plata Manor
1221 Silver Ave SWAlbuquerque, NM 87102
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1 Bedroom Apartments
709 Roma Ave NW
709 Roma Ave NWAlbuquerque, NM 87102
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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Studio Apartments
601 8th St NW
601 8th St NWAlbuquerque, NM 87102
Showing Results 1-46, Page 1 of 1
Downtown Albuquerque, Albuquerque, NM Local Guide
How much does it cost to rent an apartment in Downtown Albuquerque?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Albuquerque Studio Apartments | $1,027 | $750 | $1,800 |
| Downtown Albuquerque 1 Bedroom Apartments | $1,358 | $1,054 | $1,695 |
| Downtown Albuquerque 2 Bedroom Apartments | $1,735 | $1,395 | $2,295 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 46 rentals with your search options within a 2 mile radius of the Downtown Albuquerque Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Downtown Albuquerque, Albuquerque, NM Local Guide
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Cheapest Available Downtown Albuquerque Apartments for Rent
The cheapest available apartment rental in the Downtown Albuquerque area of Albuquerque, NM is a Studio unit found at Silver Moon Lodge priced from $897. Nine-O-Nine Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. Here are the most affordable Downtown Albuquerque apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Silver Moon Lodge | Studio | Studio,1BA | $897 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1,195 |
| 505 Central Lofts | Studio | Studio,1BA | $1,300 |
| 228 16th St NW | 1BR | 1BR,1BA | $1,500 |
| One Central | 2x2 A | 2BR,2BA | $1,600 |
| Huning Castle Apartments | Balmoral Building A & B | 1BR,1BA | $1,695 |
Best Value Apartments for Rent in Downtown Albuquerque, NM
As of August 23, 2026 the best value apartment in the Downtown Albuquerque area is the $1.76 price per square foot Studio Model at 505 Central Lofts in the in the Netherwood Park neighborhood starting from $1,300. The second greatest value Downtown Albuquerque apartment is the 2x2 A Model at One Central starting at $1,600 with a $2.21 price per square foot in the Netherwood Park neighborhood. Here is today’s list of the best values for Downtown Albuquerque apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 505 Central Lofts | Studio | Studio ,1BA | $1.76 |
| One Central | 2x2 A | 2BR,2BA | $2.21 |
| Nine-O-Nine Apartments | One Bedroom | 1BR,1BA | $1.68 |
| Huning Castle Apartments | Balmoral Building A & B | 1BR,1BA | $2.74 |
| 228 16th St NW | 1BR | 1BR,1BA | $2.78 |
| Silver Moon Lodge | Studio | Studio ,1BA | $1.76 |
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
Read Article
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleDowntown Albuquerque, Albuquerque, NM
Ranked #242
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Downtown Albuquerque Apartments
What is the Cheapest Studio apartment in Downtown Albuquerque?
Currently the most affordable Cheap Studio Apartment in Downtown Albuquerque is at Silver Moon Lodge listed at $897.
How much is rent for a Cheap One Bedroom Downtown Albuquerque Apartment?
The lowest price for a Cheap One Bedroom Downtown Albuquerque Apartment is $956 at Silver Moon Lodge.
What is the lowest price for a Cheap Two Bedroom Downtown Albuquerque Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Albuquerque is starting from $1,395 at Nine-O-Nine Apartments.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides
Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.
The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.
A Local Expert's Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.